523 57th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,643,000 - $1,808,000
Studio
--
Bath
3,072
Sq Ft
$567/Sq Ft
Est. Value
About This Home
This home is located at 523 57th St, Brooklyn, NY 11220 and is currently estimated at $1,743,136, approximately $567 per square foot. 523 57th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2008
Sold by
Fernandez Jose E and Fernandez Maria C
Bought by
Lin Min Li and Lin Qi Cheng
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$415,144
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,327,992
Purchase Details
Closed on
Mar 2, 1999
Sold by
Au Bavan
Bought by
Fernandez Jose E and Fernandez Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
7.61%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Min Li | $955,000 | -- | |
| Lin Min Li | $955,000 | -- | |
| Fernandez Jose E | $265,000 | First American Title Ins Co | |
| Fernandez Jose E | $265,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Min Li | $645,000 | |
| Closed | Lin Min Li | $645,000 | |
| Previous Owner | Fernandez Jose E | $254,600 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,786 | $76,920 | $25,500 | $51,420 |
| 2024 | $7,786 | $90,420 | $25,500 | $64,920 |
| 2023 | $7,429 | $99,960 | $25,500 | $74,460 |
| 2022 | $6,895 | $80,880 | $25,500 | $55,380 |
| 2021 | $6,861 | $76,080 | $25,500 | $50,580 |
| 2020 | $3,411 | $75,060 | $25,500 | $49,560 |
| 2019 | $6,758 | $77,220 | $25,500 | $51,720 |
| 2018 | $6,214 | $30,484 | $10,051 | $20,433 |
| 2017 | $5,867 | $28,782 | $10,683 | $18,099 |
| 2016 | $5,431 | $27,169 | $10,955 | $16,214 |
| 2015 | $3,275 | $27,169 | $12,560 | $14,609 |
| 2014 | $3,275 | $26,922 | $11,755 | $15,167 |
Source: Public Records
Map
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